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Topps Tiles plunges as shoppers turn their backs on home improvement

The Telegraph

Topps Tiles has sounded the alarm on profits, sending a shiver through the housing market. The business, which is seen as a bellwether for the industry, warned trading in the first quarter fell 5.4pc and 5.5pc at the start of the second quarter. The declines are being blamed on the weak spending on …

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